Pangolin Finds Second Kimberlite in Botswana

Diamond Investing

Pangolin Diamonds Corp. (TSXV:PAN) announced the discovery of a second kimberlite at its Botswana-based Tsabong North project. Five other new kimberlites have been found in Botswana over the last half a decade.

Pangolin Diamonds Corp. (TSXV:PAN) announced the discovery of a second kimberlite at its Botswana-based Tsabong North project. Five other new kimberlites have been found in Botswana over the last half a decade.

As quoted in the press release:

[Consultant Manfred R.] Marx, following a site visit and visual inspection of core samples of both kimberlites, infers that they may contain micaceous sandy tuffs similar to those observed in the lamproite volcanic structure at the Argyle Diamond Mine. He stated: ‘I am extremely encouraged with Pangolin’s exploration results to date and look forward to building on that success.’

Based on these positive results, two additional core drill holes intersecting at least 100 meters of kimberlite will be drilled on the Magi-01 and Magi-02 kimberlites for kimberlite indicator mineral and microdiamond recovery. The Company will continue to drill other previously identified kimberlite targets in the immediate area of the Tsabong North project prior to returning to the already identified kimberlites.

Click here to read the full Pangolin Diamonds Corp. (TSXV:PAN) press release. 

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